Rhode Island § 19-14.8-26 § 19-14.8-26. Termination of agreements.

Rhode Island Statutes

§ 19-14.8-26 — § 19-14.8-26. Termination of agreements.

Rhode Island § 19-14.8-26

Title 19Financial institutions

Ch. 19-14.8Uniform Debt-Management Services Act

This text of Rhode Island § 19-14.8-26 (§ 19-14.8-26. Termination of agreements.) is published on Counsel Stack Legal Research, covering Rhode Island primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

R.I. Gen. Laws § 19-14.8-26 (2026).

Text

§ 19-14.8-26. Termination of agreements.
(a) If an individual who has entered into an agreement fails for sixty (60) days to make
            payments required by the agreement, a provider may terminate the agreement.
         
(b) If a provider or an individual terminates an agreement, the provider shall immediately
            return to the individual:
         
(1) Any money of the individual held in trust for the benefit of the individual; and
         
(2) Sixty-five percent (65%) of any portion of the set-up fee received pursuant to § 19-14.8-23(d)(2) that has not been credited against settlem

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§ 19-14.8-26. Termination of agreements.

(a) If an individual who has entered into an agreement fails for sixty (60) days to make payments required by the agreement, a provider may terminate the agreement.

(b) If a provider or an individual terminates an agreement, the provider shall immediately return to the individual:

(1) Any money of the individual held in trust for the benefit of the individual; and

(2) Sixty-five percent (65%) of any portion of the set-up fee received pursuant to § 19-14.8-23(d)(2) that has not been credited against settlement fees.